this post was submitted on 14 Nov 2023
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[–] [email protected] 9 points 1 year ago (3 children)

So 20% of Canadians are real estate speculators or NIMBY assholes?

[–] [email protected] 4 points 1 year ago* (last edited 1 year ago)

I would guess the NIMBYs "somewhat support" affordable housing (i.e. "somewhere else, just not here"), and that they're mixed in with further home owners who are afraid of lower prices affecting their "investment." I imagine it's mostly real estate speculators that make up the bulk of the ones against affordable housing.

[–] [email protected] 1 points 1 year ago

20% of the population is already rich and wants to pull the ladder up after them.

That 80/20 split is about the same as the have/have-not income split of $160k/year.

[–] [email protected] -2 points 1 year ago (1 children)

20% of people know there isn't anything that govt can't make worse

[–] [email protected] 2 points 1 year ago

Actually, the government directing the CHMC to pivot from "direct public housing investment and urban planning" to "mortgage supports and bribing developers" is about the same time our housing market started to get out of control.

[–] [email protected] 3 points 1 year ago (1 children)

And the other 2 out of 10 support unaffordable housing?

I'm sure everyone supports affordable housing, but not everyone agrees with how it's done.

[–] [email protected] 3 points 1 year ago* (last edited 1 year ago)

I don't think this is quite true. I think there's a lack of understanding that affordable housing has historically been a public infrastructure project until we stopped doing it. Anecdotally I know plenty of people who understand affordable housing as welfare that can't solve the problem, instead of a non-market solution to a problem that the market can't solve, similar to healthcare. Those are people who understand why healthcare is publicly provided and support it.